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Tax rate information according to the Duties Act 2000.

General insurance policies

10% of the gross premium received is payable by the insurance company.

Download this data in CSV format

Abolition of duty on business insurance premiums

Duty on premiums paid in relation to contracts of business insurance will be abolished over a 10-year period from 1 July 2024. There will be a reduction of 1% per annum to the rate of insurance duty until it is abolished from 1 July 2033.

Last modified: 28 June 2024
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